Meng Wanzhou, Chief Financial Officer of regime-controlled Chinese tech giant Huawei Technologies, returned to the company’s headquarters in Shenzhen, China, on Oct. 25 after reaching a plea deal with U.S. prosecutors, who dropped fraud and evasion charges against her through a deferred prosecution agreement, according to Breitbart.
The deferred prosecution agreement required the Huawei executive to admit that the charges against her were true, and in exchange she was allowed to defer the fraud charges against her and return to China after almost a 3-year home detention in Vancouver, Canada.
Finally, Meng admitted that she had misled global financial institutions about Huawei’s business ties with Iran.
According to the U.S. Department of Justice, Huawei had done business in Iran through a Hong Kong company called Skycom and they said that Meng misled U.S. banks into believing that the two companies were different.
On this charge, Meng was arrested in Canada at the request of U.S. authorities in Dec. 2018.
Several reports have revealed Huawei’s close relationship with the Chinese Communist Party (CCP), so it is believed that the company acted as an economic link between the Iranian and Chinese regimes, with money in turn being used to finance terrorism.
The Chinese regime controls Chinese companies to act in accordance with Party objectives and strategies, and Huawei has long been seen as a front for espionage services, collecting and stealing huge amounts of data around the world and distributing it to Chinese civilian and military intelligence.
One of the reports, provided by the French Ministry of Defense, further indicated that Huawei in France secretly collects personal data of customers, officials and business partners, including number of children, preferences and financial status, among other things, to enter them into the corporation’s database.
The recently released Huawei CFO is the daughter of Ren Zhengfei, the company’s founder, who was once a member of the Chinese People’s Liberation Army.
This Monday, after more than three years of her arrest, in very comfortable conditions, and after spending 21 days in quarantine for Covid-19, Meng Wanzhou arrived at Shenzhen Bao’an International Airport, operated by the Chinese regime, to rejoin the company.
As Breitbart indicates, the White House confirmed that President Joe Biden had discussed Meng’s case with Chinese regime leader Xi Jinping shortly before she was released.
After months of negotiations, between a senior Huawei executive who was dispatched from the company’s Shenzhen headquarters to Washington to discuss the release with the U.S. Justice Department, both sides finally agreed that she would not be extradited from Canada and would be released back to China, while the charges against the company itself remained the same.
The Chinese regime, after getting the generous deal with the U.S., finally released two Canadians who were taken hostage in retaliation after Meng was arrested in 2018 in Vancouver.
The Global Times, the propaganda arm of the Chinese Communist Party, rejoiced at the news of the release of the Huawei Technologies CFO.
Although, as indicated by CNN, no Chinese media mentioned that Meng admitted that the charges against her were true as part of her plea deal with prosecutors.
After learning of the ruling that heavily favored the Chinese company, Acting U.S. Attorney Boeckmann said, “In entering into the deferred prosecution agreement, Meng has taken responsibility for her principal role in perpetrating a scheme to defraud a global financial institution.”
“The truth about Huawei’s business in Iran, which Meng concealed, would have been important to the financial institution’s decision to continue its banking relationship with Huawei.”
“Meng’s admissions confirm the crux of the government’s allegations in the prosecution of this financial fraud — that Meng and her fellow Huawei employees engaged in a concerted effort to deceive global financial institutions, the U.S. government, and the public about Huawei’s activities in Iran,” the prosecutor added.